April

EFRAG (European Financial Reporting Advisory Group) (dk green) Image

EFRAG launches survey on crypto-assets (liabilities)

02 Apr 2021

The European Financial Reporting Advisory Group (EFRAG) is inviting stakeholders to participate in a survey on Discussion Paper (DP) 'Accounting for Crypto-Assets (Liabilities): Holder and Issuer Perspective'.

The DP discusses three categories of crypto-assets (payment tokens/cryptocurrencies, utility tokens, and investment tokens) and proposes three approaches for addressing IFRS related requirements.

In addition, the EFRAG has issued three podcasts which discuss the issues in the DP.

Please click for more in­for­ma­tion and access to the survey on the EFRAG website.

CMAC (Capital Markets Advisory Committee) (mid blue) Image
GPF (Global Preparers Forum) (mid blue) Image

Summaries of the March 2021 CMAC and GPF meetings

01 Apr 2021

Representatives from the International Accounting Standards Board (IASB) met with both the Capital Markets Advisory Council (CMAC) on 11 March 2021 and with Global Preparers Forum (GPF) on 12 March 2021 by video conference. Notes and recordings from the joint meeting have now been released.

The topics discussed at the CMAC meeting included:

  • Post-implementation Review of IFRS 9—Classification and Measurement
  • Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12
  • Rate-regulated Activities
  • Business Combinations Under Common Control

See the meeting summary on the IASB website.

The topics discussed at the GPF meeting included:

  • Sustainability Reporting
  • Post-implementation Review of IFRS 9—Classification and Measurement
  • Post-implementation Review of IFRS 10, IFRS 11 and IFRS 12
  • Rate-regulated Activities
  • IFRS Interpretations Committee update

See the meeting summary on the IASB website.

IFRS Foundation (blue) Image

IFRS Foundation publishes its 2020 annual report

01 Apr 2021

The IFRS Foundation has published its annual report and audited financial statements for the year ended 31 December 2020.

The report for 2020 provides an overview of the IFRS Foundation’s activities during the past year and sets out the Foundation’s and IASB’s priorities for 2021.

For more information, see the press release and annual report (available in PDF format, inline XBRL version and XBRL files) on the IASB website.

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